Preciados

Definitely a wonderful hotel in a great location! We stayed here for 3 nights while traveling around Spain earlier this month and loved it!
Check in/​Check out — both were easy! We arrived at the hotel around 11am and our room was ready for us already — which was great after coming off of an international flight! The front desk staff was very friendly and helpful. Highlighted areas of interest on the map and told us about various areas so we were well informed.
Location — We loved the location! We were right by Plaza del Callao and by all of the shopping. It was a quick walk one way to the palace and the other to Plaza Santa Ana — and from there, we were able to walk pretty much everywhere we wanted to on our list of places to see! We literally did not take public transportation except for the cab from the airport to hotel, cab from hotel to train station, and the subway to the futbol stadium.
Rooms — Very clean. Not so spacious, but it was just two of us and we were basically only in the room to sleep, so didn’t bother us. The bed was comfortable and had it not been for jet lag, we would have probably slept like babies. We had a (very tiny) balcony overlooking the street in front of the hotel. The minibar in the room is… free! and they restock! :) We also got wine on our arrival and when checking passports on arrival, they noticed it was my friends birthday so they sent us a bottle of champagne for him!
Value — I can’t really compare it to the other hotels in the area, but in my opinion, for the location, cleanliness, and feeling of safety, I was happy with what we paid for the room.
Overall, had a great stay and would recommend this hotel! :)

For tapas, this is not the place. We came hoping for something to munch on and got nothing but drinks and when we asked, they gave us the dinner menu with a plate of croquetas for 20 €. Everything else – and not many more to choose from – went up from there.

Well, it is difficult to say a lot about an hotel besides that is clean and the service is great… it this case I would add that the location is really good and for a short visit in Madrid. If it is within your budget I would suggest it.
The fifth start is awarded since the internet connection was really outstanding and my room had a really nice light color personal settings. :)

Wir haben in diesem Hotel eine Woche übernachtet während unseres Tripps in Madrid. Das Hotel liegt mitten in einer gut belebten Fußgänger-​Straße in Madrid. Von hier kann man ohne großen Aufwand alle Tagesziele bequem erreichen.
Das Hotel ist im Mittelfeld anzusiedeln. Die Zimmer sind für die Lage ausreichend groß. Alles ist sauber und gepflegt. Das Hotel macht einen professionellen Eindruck.
Das Restaurant ist der Hammer! Es ist ein bisschen wie «Urlaub» auf dieser Terrasse in der Fußgängerzone. Man kann super Weine und durchweg leckere Tapas stundenlang genießen. Die Kellner sind mit Leidenschaft dabei, das merkt man in allem. Es ist einfach eine unbeschreibliche authentische Atmosphäre die das leben in Madrid erleben lässt. Das Essen ist für ein Hotel hervorragend und hat komplett überzeugt.
Wenn ich das nächste mal in Madrid bin werde ich mich wieder auf diese Terrasse pflanzen und die Köstlichkeiten genießen.

Fantastic Hotel! I have been in the Hotel Industry for forty years and they have this one down. Must have been recently renovated and they did a great job. Only improvement I would make a little stronger WiFi. I would stay there again.

Wow. Great hotel! Clean, spacious, modern (we asked for a room in the newer section of the hotel), friendly staff and *lots* of amenities. This review is base on room #217.
Starting from a full fridge of free drinks (not kidding, free; 2 water, 2 beers, 2 juices, 2 sodas, 2 spirits and a tonic water, see my photo). They even refill it completely each day (yes, still free). Bathroom is filled with extras, from the standard soap, toothbrush with toothpaste to lady’s kit, bath sponge, sewing kit, comb, shoe horn and shoe shine kit. They refill everything everyday even if you don’t use them. So after 4 days, we got a little overwhelmed with all the packages.
The bed is large and very comfy. All the lights can be controlled from the switch by both sides of the bed and even has 4 colors of mood LED lights. The rain shower also has red/​green LED, very strong water pressure. If you like plugs, this is the hotel! They’ve got plugs *everywhere*, several by the desk, by the bed, by the foyer, by the toilet (yes!) and even in the closet!!! So charge up!
If you’re like us and enjoy fresh fruits while staying in hotels, there’s a little shop (frutería) in the ally just to the left of the hotel when facing it. That market is convenient, but if you want (a lot) fresher and cheaper produce, there’s a supermarket in the basement of the Cortes Igles department store about 5 mins walk toward Puerta Del Sol, very convenient.
If we ever go back to Madrid, definitely staying here again, no doubt!
And good wifi, ~10 Mbps down

Good location near the Plaza de Espana and the Palace. Easy walking to other key sites (ie 15 min walk to El Prado). Nice hotel with friendly staff. Excellent breakfast buffet. Be sure to check your bill when you check out. I had a room rate with the breakfast included and when I checked out, the cost of breakfast was added to my room.

Reasonably priced, in the heart of Puerta del Sol. You’re within walking distance of many sights, and if you need to go farther, the train station is about a 3 minute walk away. The mini bar is free, which is a nice perk. They stock the fridge up with water, coke, diet coke, a couple beers and some wine coolers. Staff are courteous and knowledgeable. I didn’t get a chance to try the adjoining restaurant, but prices are steep (25+ euros for an entrée).

Great value for money! I paid 108 Euros for an excellent sized room with a king bed and a small balcony.
The location is excellent and within short walks to major sites like Plaza Mayor, Puerta del Sol and others.
The staff is top notch and extremely helpful. When my room was not ready at my arrival @ 1130, they made suggestions for things to do, checked my bag and when I returned, I was given a key to my third floor very spacious room, no. 313.
The hotel is in a league with the Westin Palace at ¹⁄₃ the price. I have stayed at both and without question the is no comparison for the price, even considering the expensive dining room at the Westin which I admit is fabulous for a setting.
This hotel will clearly be my choice for my next stop in Madrid.

My husband and I stayed at Hotel Preciados for three nights at the beginning of our trip to Spain in May 2011. We booked this hotel based on the TripAdvisor reviews and the fact that it had free wifi and a free minibar.
When we arrived at the hotel at 9:30 am, we were not able to go up to our room. The receptionist was very friendly and gave us recommendations of things to do. Upon returning at about 1 pm, we were able to go up to our standard room (1 queen bed). The rooms are modern and not overly furnished which is good since they are not huge. Think NYC room sizes. The bed was very comfortable and we slept very well all three nights. The free minibar was a definite plus — it was stocked with water, soda, juice, and two beers every day. The beer was nice to enjoy while we got ready each evening.
The location for Hotel Preciados is fantastic. It’s a very quick and easy walk to the Puerta del Sol and the Plaza Mayor. We walked to the Prado Museum (about 15 minutes) and the Royal Palace (about 10 minutes). The hotel is also conveniently located near the Callao and Sol Metro stations. We used the Sol station the few times we took the subway. It’s a quick ride to the train station which we did twice and to the Reina Sofia.
I would stay at the Hotel Preciados again on a future trip to Madrid. Friendly staff, good pricing (we paid just about 104 euro per night), and a fabulous location.

Très bien !
L’hôtel Preciados est l’endroit idéal pour séjourner à Madrid. La situation est impeccable: en plein centre, près de tout, dans un quartier sûr, accessible à pied et en voiture… Le standing (4*) est très correct avec des prix très abordables. La chambre était propre, claire, fonctionnelle, grande… Le personnel très serviable et aimable… le petit-​déjeuner buffet copieux et bon… En bref, rien à dire… Nous sommes restés entre Noël et le jour de l’an dernier et il a fait un temps superbe en plus dans la capitale Espagnole !!! Nous reviendrons à coup sûr !! Bravo !!!

Situation géniale
Voici l’hôtel parfait pour une visite sans trop prendre les transports — situation géniale en plein coeur, sans les bruits de la ville, à deux pas des théâtres, boîtes, le Palais Royal, la Place Sol, les boutiques chieucas et ces petits restos etc., en promo sur le net à 117 €, les chambres sont comme sur leur site, même tons même décors, chaleureux, salle de bains en marbre, vraiment une super adresse. Je fais 24 week-​ends par an en moyenne et les hôtels je les écumes, mais là c’est le super bon plan !